Mercado Bitcoin hacker moves $8M in ETH: Is Tornado Cash next?
The attacker behind the $46 million Mercado Bitcoin breach has moved roughly $8 million in Ethereum into new wallets, while investigators have traced over $9 million in stolen assets that are now frozen. Arkham is tracking the flows, and the transfers raise the possibility the funds are headed toward a mixer like Tornado Cash. For traders, the movement signals continued laundering risk and possible selling pressure on ETH if the stolen coins reach liquid venues.
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